Sadelle’s won’t be moving to 1212 Lincoln in Miami Beach after Major Food Group canceled the lease on its under-construction complex in Crescent Heights.
Major Food, the New York-based hospitality company led by Mario Carbone, Jeff Zalaznick and Rich Torrisi, exited the lease for a 10,000-square-foot space on five floors in the 1600 block of Alton Road, just west of Lincoln Road, business observer report.
A spokesman for Crescent Heights told the publication that Crescent Heights, led by Russell Galbut, Sonny Kahn and Bruce Menin, and Major Food Group have jointly agreed to terminate the lease agreement signed in 2021.
Sadelle’s is a high-end Jewish deli and market concept with locations in Boca Raton, Coconut Grove, Miami Design District, New York, Las Vegas, Paris, Dallas and Riyadh. Major Food Group has been aggressively expanding in South Florida for the past two years. In addition to Sadelle’s restaurants, the company operates Carbone, an Italian restaurant named after one of Major Food Group’s partners, in Miami Beach’s South Fifth neighborhood.
Last year, Major Food Group opened Contessa Miami, a Northern Italian-inspired restaurant in Miami’s Design District.
Also last year, the hotel company dropped plans to develop a Brickell condo hotel with JDS Development Group, a New York real estate firm led by Michael Stern.
But Major Food Group still plans to participate in its first residential project in Miami.
In March, Major Food Group and David Martin’s Terra partnered with One Thousand Group to develop 729 Edge, a proposed 649-foot waterfront condominium with 50 units in Miami’s Edgewater neighbourhood. Major Food Group will brand and operate dining and amenity spaces in the planned tower, as well as design in-unit kitchens, and will be involved in the design of 729 Edge.
In 2020, Crescent Heights sold the hotel portion of the planned 1212 Lincoln project to CitizenM for $9 million, records show. The development will also include retail, car parking and an outdoor rooftop cinema.